Wednesday, June 6, 2007

GLOBAL MARKETS-Stocks dip, bond yields rise on rate views

(Reuters) - LONDON, June 6 - The prospect of tighter global
monetary policy weighed on stocks on Tuesday, with the euro
holding firm ahead of a European Central Bank meeting expected
to raise interest rates and signal more hikes to come.




Euro zone government bond yields hovered near recent
multi-year highs ahead of the ECB announcement at 1145 GMT,
while oil extended gains towards $71 a barrel after a
cyclone disrupted oil and gas exports from Gulf state Oman.


Read more at Reuters.com Bonds News

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